$GRASS just broke out of a long-term downtrend!$GRASS just broke out of a long-term downtrend!
#GRASS has broken out of a long-term symmetrical triangle and flipped the trend bullish.
Price is currently holding above the breakout zone and also respecting the 0.786 fib level from the recent range.
As long as it stays above the $2.13–$2.14 zone, the move toward $2.60+ looks likely.
This breakout could be the start of a bigger trend shift. Let’s see how it holds up in the coming days.
DYOR, NFA
Grass
GRASS Looks Bullish (1D)It appears that a triangle has completed and the B-D resistance line has been broken. Buy/long positions can be considered during pullbacks.
We have identified two entry points for potential entries.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Grass is moving on up. GRASS broke an important trendline but did not confirm a proper high high. Momentum is entering overbought conditions, and the trend oscillator is still showing strength to the upside. Lower timeframe dips should be avoided. Until the Daily timeframe is not overbought, more upside is still possible.
Full TA: Link in the BIO
$GRASS - Long SetupBYBIT:GRASSUSDT | 12h
We shared a detailed long setup on this one last week, and it's now up 66%
If $1.80 holds as support or flips cleanly, $GRASS could push toward $2.50 or even extend to $3.30
I'll be watching for a re-long opportunity in the $1.90–$1.80 zone
Set stoploss just below $1.60
Targets:
$2.25 to $2.30
$2.50 to $2.60
$3.20 to $3.30
GRASS Analysis (1D)From the point where we placed a red arrow on the chart, it appears that GRASS has entered a corrective phase.
Waves A and B of this correction have completed. It now seems that we are in wave C of this corrective phase.
Wave C is expected to complete within the green zone, leading to the start of wave D.
Wave D is bullish.
The target is marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Grass/USDT uptrend Idea....Hello, Traders!
Grass/USDT is showing early signs of an uptrend, encountering initial resistance at $1.500. The asset is currently gathering momentum, with the potential to continue higher. A confirmed breakout above the resistance could lead to a test of the 59-period moving average on the 4-hour timeframe.
I'm eyeing a potential long trade above $1.5250, with a target around $1.700. However, always manage your risk and use appropriate stop-loss orders.
Good luck and trade responsibly!
Long Entry Signal for GRASS/USDT Based on the daily chart for GRASSUSDT on Bybit, here's a concise analysis:
MLR vs. SMA: The MLR (blue) is above the SMA (pink), indicating a bullish trend.
MLR vs. BB Center: The MLR is above the BB Center Line (orange), suggesting bullish momentum.
PSAR: The PSAR dots (black) are under the price, confirming a bullish trend.
Exception: There is no 200-period SMA available to guide us on the long-term trend, so proceed with caution.
Current Strategy: Since all entry conditions for a long position are met (MLR above SMA, MLR above BB Center, PSAR under price), you might consider entering a long position.
Stop Loss (SL): Set the stop loss at the current level of the PSAR dots to manage risk.
Monitor My Idea: Keep monitoring my idea for any changes in trend or for potential profit-taking opportunities.
Thank you!
GRASS Looks Bearish (4H)From the point where we placed the red arrow on the chart, it appears that the GRASS correction has begun. The pattern is either an expanding triangle or a diametric. Wave G could complete within the red zone, leading the price into Wave E. Wave E is a bearish wave.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
#GRASS/USDT Ready to go higher#GRASS
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at a price of 2.20
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 2.36
First target 2.46
Second target 2.55
Third target 2.65
GRASS. Support Tested, Resistance in Sight. 12/24/24BYBIT:GRASSUSDT
The asset price has returned to the price range where support from buyers was previously observed. Support is a level where buyers are willing to purchase the asset, halting its decline.
In this case, the range is $2.3437–$1.9320, making it a safe zone to accumulate spot positions, at least targeting the nearest resistance level at $3.4860. Opening a swing position can also be considered.
I expect a reversal pattern to form at this support level, signaling a potential trend shift from bearish to bullish (the structure currently forming is highlighted on the chart).
Projected movement is outlined on the chart.
DYOR.
GRASS triple nested 1-2 ideaI've been closely monitoring GRASS for a potential triple 1-2 setup , as there's a notable resistance at the $3.90 level, which could act as a triple top zone. If a rejection occurs, another 1-2 formation might develop within its micro subwaves. However, this setup presents a strong opportunity, with a realistic and achievable target of $10 .
GRASS 1D. Upcoming Airdrop Could Send This Token Soaring Again! The current price is in an accumulation phase, seemingly preparing for a breakout.
The project is expected to conduct a second airdrop soon. During the first airdrop, the token’s price surged significantly, from $1 to $3.
This time, I don’t expect as dramatic a rise, but I believe the token could reach a value between $5 and $7.
Given the upcoming airdrop, I anticipate a potential price increase following this event.
DYOR.
$GRASS to $5$GRASS is on fire right now! The trend is still intact on its bullish momentum, currently trading at $3.30
If price can stay above $3.20 (daily rWAP) , we can see it going to $4.30 to $5
Key support is around $2.92 to $2.83, and $3.5 remains to be the local resistance to break.
Since its launch on October 28, 2024, #GRASS has skyrocketed over 320%. With this bullish momentum going strong, we’re aiming for $5 (short-term)
As #DePIN gears up to become a trillion-dollar industry, @getgrass_io, already in the top 15 DePIN coins, looks set for massive growth.
It’s ranked 130 on CoinMarketCap, but let’s be real—this thing’s got top 20 potential, no matter how crazy the top 20 gets this bull run.
This project is absolutely wild.
If you've been farming $GRASS, you already know the deal—it’s paying off big time! It’s sitting at around $3.3 per token now, and people have been grinding for months to mine it, with some solid rewards to show for it.
The market cap is just $812.86M right now. As of December 15, 2024, the circulating supply of Grass (GRASS) tokens is approximately 243.91 million, representing about 24.39% of the total supply of 1 billion tokens.
The token distribution is structured as follows:
Early Investors: 252 million tokens (25.2% of total supply), locked with a 1-year cliff and a subsequent 1-year vesting period.
Contributors: 220 million tokens (22%), locked with a 1-year cliff followed by a 3-year vesting period.
Foundation & Ecosystem Growth: 228 million tokens (22.8%), with 120 million unlocked at the Token Generation Event (TGE), and the remaining locked for 1 year, then linearly unlocking over the next year.
Future Incentives: 170 million tokens (17%), estimated to unlock linearly over 3 years.
Airdrop One: 100 million tokens (10%), fully unlocked at TGE.
Router Rewards: 30 million tokens (3%), fully unlocked at TGE.
The next scheduled unlock event is on December 28, 2024, releasing approximately 3.71 million GRASS tokens (0.37% of total supply).
These vesting schedules are designed to promote long-term commitment and stability within the GRASS ecosystem.
GRASS looks bullish (4H)It seems that a wave X has completed.
If a pullback occurs to the green zone, we will enter a buy/long position.
The targets are specified on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
If it stabilizes on ATH, it can have higher targets
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
GRASS. Correction Complete? Here’s Why the Rebound is Likely.Currently, the price is consolidating sideways. After reaching a resistance level, the price encountered selling pressure and corrected to the 0.5 - 0.618 Fibonacci levels. In 90% of cases, reversals occur from these levels, which I expect to happen this time as well. The forecasted movement is shown on the chart.
DYOR.
GRASS is bullish!!!GRASS/USDT 4H Chart Analysis
In this setup, I'm closely monitoring the entry zone marked within the gray box, as I'm expecting a wave 2 retracement based on Elliott Wave analysis. This corrective wave should ideally lead to a reversal, aligning with the continuation of the bullish momentum into wave 3.
Key levels to watch:
The potential 0.618 - 0.786 Fibonacci retracement zones for wave 2, leading to wave 3 targets between $6.02 and $8.15 .
Final wave 5 target at $11.96 , which aligns with the 1.618 Fibonacci extension.
The market sentiment and structure remain favorable for another pump, provided we hold the entry zone.
I'll update as the price action unfolds.
70% Pump On The Horizon (:Massive Upside Potential.
Lows of the range has been swept. Next challenge is to break the trendline and continue upwards.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
10% PUMP Incoming If...Keeping an eye on $GRASS here. Once level is #reclaimed, 10% pump to next #resistance more likely.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
GRASS about to get mowed down...The GRASS grew and grew...and now the lawn mower is coming...it's gonna get chopped down by the blades of retracement!
Shown here on the 1 hour chart, a very prominant head and shoulders pattern.
On the bright side ...with a little sunshine and water...I'm sure it will grow again!
— Best wishes.